Regardless of age and wealth status, everyone leaves behind an estate when they die. Consequently, it is important to state your wishes in the event of death or incapacitation, including how you want your assets distributed. You may also need to state how you wish to be treated in case of incapacitation.
Estate planning involves making these and other preparations, including appointing guardians for any minor children you may have. Besides preserving wealth for your family, estate planning helps avoids unnecessary family conflicts.
However, despite these and other estate planning benefits, many Americans do not have an estate plan. While some people do not want to discuss their death, many have not considered estate planning as they are unaware of its numerous benefits.
Estate planning involves making many decisions about the future which can be overwhelming for most people. Therefore, you need the guidance of a skilled estate planning lawyer.
If you are in Flagstaff, Arizona, and wish to create an estate plan but feel overwhelmed about the whole process, do not worry. At Christiansen Law, PLLC, we are skilled and have the necessary experience to help you create an estate plan, including assisting your family in estate administration. We will help you create an estate plan that suits your needs and protects your family or beneficiaries.